#DXY Daily Bat pattern is possible. Head and Shoulders pattern is possible.
The price movement has been completely channeled. It looks like it's ready to go, with a trigger on the H1 time frame.
Qm bullish pattern is being created. Below 0.66 the analysis is invalidated and a re-trigger is required.
AUDUSD H4 need a close above 0.7290 for triggered, afret that go for a long.
I'm waiting for the correction wave C to end. However, in the four-hour time frame, an head and shoulder pattern is forming. But the best area to buy is 1.17 to 1.16.
We Are in a PRZ and I am looking forward for short setup.
We are in PRZ, According to Elliott Wave Analysis, I doubt DXY will break this zone.
We are in the right time to go for long, waiting for the divergence to form and the price to pass above the broken static support.
The Fed’s Jackson Hole meeting and a key inflation reading. let's see what will happen to the Gold.
It's too early to talk about the start of the third wave, but we are in a good position to long in the short term.
USDCHF H4 Limit order Short @ 0.9227~ 0.9240 TP @ 0.9085 SL @ 0.9287 R/R = 3 Break even after R/R = 1
EURCHF H4 Buy limit @ 1.083 Sl @ 1.0795 Tp @ 1.093 R/R = 2.5 Buy stop @ 1.087 Sl @ 1.0795 Tp @ 1.093 R/R = 0.7
NZDUSD H1 Sell Limit @ 0.6990 🟢 Tp1 @ 0.6950 🟢 Tp1 @ 0.6915 🟢 Tp1 @ 0.6880 🔴 Sl @ 0.7040
The head and shoulder pattern will probably be formed.